That was probably the entry of the day for easy 20 pips, someone took? I lost her for 15 minutes 
35 SMA M15 + 10 EMA H1 + R2 like support:
35 SMA M15 + 10 EMA H1 + R2 like support:
"In God we trust."
{quote} Hi edoho, we are looking for 35/50MA's showing the trend, they show the trend when they goes up or down, at your case they are horisontal (flat) take look on your chart and find difference beetwin your entry and places marked as a good entries. Sugest carefully read The Dance manual M15, again and again..... I am not an expert for this strategy yet but this is basic stuff.... {image} good luck!
, i'll try my best
- #9,843
- Nov 6, 2013 12:30am Nov 6, 2013 12:30am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
That was probably the entry of the day for easy 20 pips, someone took? I lost her for 15 minutes
My quote beforr is only 50% .. so I better trade after.
Risiko birgt immer auch die Chance.
- #9,845
- Nov 6, 2013 1:48am Nov 6, 2013 1:48am
- | Joined Jul 2012 | Status: consciuos incompetence level | 2,064 Posts
again, 35/50 touch hope this is right set up {image} please give me some advice
Take look on Sesamstrasee just above your post, he has similar point of view
JacekPreserve Precious Capital
{quote} HI, I am watching the same, but it is right before LO, it is always risky open position 15 min before LO when sharks comming into action... hope it will work out... setup looks good for me. If will go up you are fine, if not SL will be hit. Trading is a game of probabilities Take look on Sesamstrasee just above your post, he has similar point of view
sorry i dont know what is that mean
haha i hope this is work out
- #9,847
- Nov 6, 2013 2:13am Nov 6, 2013 2:13am
- | Joined Jul 2012 | Status: consciuos incompetence level | 2,064 Posts
{quote} before fofo?before LO? sorry i dont know what is that mean
dont you thin you should study little a bit of BabySchool ... its free and very good stuff...
JacekPreserve Precious Capital
{quote} LO is London Open, FO is Frankfurt Open {image} dont you thin you should study little a bit of BabySchool ... its free and very good stuff...
do you mean babypips? yeah it is great site, i've got a lot of information about forex
- #9,849
- Nov 6, 2013 2:25am Nov 6, 2013 2:25am
- | Joined Jul 2012 | Status: consciuos incompetence level | 2,064 Posts
{quote} oh london open and frankfurt open, i knew some information about that, haha do you mean babypips? yeah it is great site, i've got a lot of information about forex
Yeah... http://www.babypips.com/school I am agree, lots of good informations
JacekPreserve Precious Capital
- #9,851
- Nov 6, 2013 2:54am Nov 6, 2013 2:54am
- | Joined Jul 2012 | Status: consciuos incompetence level | 2,064 Posts
{quote} yeah second try
JacekPreserve Precious Capital
- #9,852
- Nov 6, 2013 3:34am Nov 6, 2013 3:34am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} before fofo?before LO? sorry i dont know what is that mean
Risiko birgt immer auch die Chance.
- #9,853
- Nov 6, 2013 3:36am Nov 6, 2013 3:36am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} before fofo?before LO? sorry i dont know what is that mean
Risiko birgt immer auch die Chance.
hope this is correct set up {image}
Besides, look at Cable wakening, i.e. Dollar strengthening against the Pound and probably also against the Euro
I'd wait for the close of the 1h candle.
Be water, my friend
{quote} I wouldn't take it. Not much momentum anyhow, therefore any entry would be a 50:50 game IMO. Besides, look at Cable wakening, i.e. Dollar strengthening against the Pound and probably also against the Euro {image} I'd wait for the close of the 1h candle.
edoho you took the trade of the day at EURUSD: EMA 50/35 confluence + first pullback + EMA 10 and SMA 35 H1 confluence. Nice trade{image}
But the setup wasn't too good as momentum was weak and MAs were pretty flat. And certainly it wasn't a Choros setup (2 bars rule didn't apply).
As we say in Spain once the bull has passed we all know better.
Cheers
Be water, my friend